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Smart-home tech for agents: Best smart outlets

In this weekly column, hosts Brandon Doyle and Colton Pratt walk through smart-home products and showcase their capabilities while reviewing pros and cons. This week, they tested 12 smart plugs. Find out which brands come out on top. Source: click here

Opendoor’s next frontier: Older, pricier homes in LA

The iBuyer will purchase homes costing up to $800,000 in the Los Angeles metro area, which is home to more than 13 million people. Source: click here

Paul Manafort’s former son-in-law gets 9 years for real estate scams

Paul Manafort’s former son-in-law, Jeffrey Yohai, was sentenced to nine years and two months in prison for a series of fraud schemes involving high-end Los Angeles real estate. As first reported by Politico, Yohai, 37, pleaded guilty to a variety of frauds, including leading investors to believe that he was building spec houses in wealthy parts […]

Title software startup Qualia raises $55M in latest funding round

Qualia, a startup that provides technology to facilitate digital real estate closings, announced Wednesday that it has raised $55 million. The new cash is part of the company’s Series C funding round, which was led by Tiger Global. Other investors involved in the funding round included Bienville Capital, 8VC and Menlo Ventures. In a statement, […]

One year later, Amazon’s HQ2 drives massive housing shortage in Virginia

Last fall, Amazon changed Virginia forever when it announced its decision to locate a much-hyped HQ2 office facility in the state’s Arlington County. And now, exactly one year later to the day, the impacts of that announcement on the area’s real estate have come into focus: There are inventory shortages, skyrocketing prices and “a blistering […]

Joy, despair following vote on NAR’s pocket listing policy

Comments on the proposal have been split, with some suggesting the overwhelming majority vote may not represent the industry at large. Take this poll to share your opinion. Source: click here

Announcing the first round of speakers for Inman Connect New York

New money, new players and new models are going head-to-head with seasoned brands and established best practices. That’s why attendees invest valuable time to come to Inman Connect. They strengthen ties, build new partnerships and listen for signals from front line leaders to help them navigate changes to come. Inman Connect New York just announced […]

Sotheby’s International Realty hires new chief marketing officer

Chief Executive Philip White made the decision to replace Kevin Thompson with Brad Nelson, a longtime veteran leader of the brand. Source: click here

These 9 American cities will become unaffordable by 2025

Charlotte, Spokane and Grand Prairie are all at risk of going the way of Seattle and San Francisco and becoming unaffordable in less than five years. A new GoBankingRates report identified American cities in which the average home value would rise above the national median — at the moment, $231,000 and growing by 2.8 percent […]

Wells Fargo backs 8 green housing startups

On Tuesday, Wells Fargo announced it is backing a raft of startups that are developing clean technologies for residential buildings. The support comes from IN2, a $30 million startup incubator funded by Wells Fargo and co-administered by the U.S. Department of Energy National Renewable Energy Laboratory (NREL). “The goal is to help ratepayers use energy […]

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